Santander denied Ripple usage information

Santander, a large Spanish bank, in its Twitter spread incorrect information about cooperation with Ripple.

So, to the user's question about the use of XRP for payments, a representative of the bank wrote: “We use XRP for making international payments in 18 EU countries and in the USA. Support is provided through our One Pay FX iPhone app. ”
And although the majority of cryptocurrency holders reacted positively to the statement of Santander, some of them drew attention to the fact that this news had no effect on the growth of XRP trading volume.

It soon became clear that the bank provided incorrect information.

“Due to a misunderstanding, we provided incorrect information. One Pay FX uses only xCurrent, ”wrote Santander.

xCurrent allows Ripple customers to make payments using Fiat as well as digital currencies. A similar product, the operations in which are carried out using XRP cryptocurrency, is called xRapid.

Despite the official apology, some commentators suspected the bank of manipulating the market.
Recall, Santander introduced One Pay FX blockchain application for cross-border payments, which is based on the xCurrent technology developed by Ripple, in April 2018. It was originally available to residents of Spain, the UK, Brazil and Poland.

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